Panmure Liberum acts as Nomad and Sole Bookrunner on £8.5m oversubscribed fundraising for Science in Sport plc

We are pleased to announce that Panmure Liberum acted as Nomad and Sole Bookrunner on a Placing and Retail Offer raising £8.5m for Science in Sport plc.

Sis Science In Sport Limited Logo Vector

The net proceeds of the capital raising are expected to be used to for investment in inventory to ensure availability of key product groups, for capital expenditure to improve operational efficiency and drive margin improvements, to fund market entry in key geographies and for increased liquidity headroom.

Headquartered in London, Science in Sport plc is a leading sports nutrition business that develops, manufactures, and markets innovative nutrition products for professional athletes, sports and fitness enthusiasts and the active lifestyle community. The Company has two highly regarded brands, PhD Nutrition, a premium active-nutrition brand targeting the active lifestyle community, and SiS, a leading endurance nutrition brand among elite athletes and professional sports teams.

Panmure Liberum Team

Board – Bidhi Bhoma

Investment Banking – Richard Lindley, John More, Anake Singh

Research – Wayne Brown

Sales – Oliver Baxendale, Oliver Houghton, Joel Knight

CIR – Marcio Remedios

Legal – Rebecca Gordon

Settlements – Rob Simpson, Mark Proctor

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London

Ropemaker Place, Level 12 25 Ropemaker Street London EC2Y 9LY [email protected] +44 (0)20 3100 2000

Leeds

Northspring, 36 Park Row Leeds, LS1 5JL [email protected] +44 (0)113 841 9700

Cambridge

50-60 Station Road Cambridge, CB1 2JH [email protected] +44 (0)113 841 9700
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New York

20th Floor 575 Fifth Avenue New York NY 10017 [email protected] +1 212 596 4800